About your Search

20110701
20110731
Search Results 0 to 29 of about 30 (some duplicates have been removed)
that we still have a big hole to fill. gwen: who is in that big hole? and why is it that month after month, and after month, it never seems to get more shallow? >> let's go back a little ways. a few months ago, the economy seemed to be having a nice head of steam. we were seeing very strong job growth numbers of 200,000 per month. and suddenly everything seemed to hit a wall. we've had a run of bad luck. we had very bad snowstorms earlier this year, a series of natural disasters here. the big hit came from gasoline prices that shot up to around $4 for gasoline because of the libyan rebellion. and finally the japanese earthquake and tsunami turned out to be a much bigger negative for us than we may have appreciated. because it cut off the flow of vital parts. put all those things together and it cost a lot of momentum. may very poor job numbers and in june, very poor job numbers. it was kind of surprising because in fact over the last few weeks, we had a wave of optimism because some of those tempering negatives seemed to be going away. as gasoline prices dropped and japan got back to norma
of winning back the house, they don't want to go there. republicans have a big flank of new members elected on a pledge of no new taxes. nobody is dealing with reality. anybody on this panel, two of us could make a deal, but they cannot. >> why can they not make a deal, charles? >> you saw it in the clipou showed. nancy pelosi is the classic definition of a reaction. liberal. no changes in programs, entitlements. -- classic definition of a reactionary at liberal. no genocide programs, entitlements. if you all make -- note changes in programs, entitlements. if you don't make changes, he will wreck the economy, and everybody over the age of nine knows that. is that they are not willing to means test -- if they are not willing to means test entitlements, which you think and liberal alike, who always argue in terms of sharing the sacrifice and the rich bearing the burden, nothing will happen. >> colby? >> you just had exhibit number one of why they have not been able to reach a deal, as my friend charles expressed. if you start out with nancy pelosi and the position of republicans on tax increa
these months of doing nothing, sided with the $4 trillion a solution, the big solution, which includes tax reform and dealing with entitlements. maybe i'm whistling past the graveyard, but for the first time i feel a tiny bit of hope they can get this done. >> did we hear a suggestion from speaker boehner earlier this week that possibly, they might consider an increase in tax revenues? >> if you were to means test social security, for example, not a crazy idea, but it is a tax increase -- >> it is not a tax increase, it is a reduction of benefits. >> obama, as far as i can tell, has basically, and so far, thrown in the towel. he says he wants to have some loopholes close, but that unsystemic revenue increase does not get you very far. the question that is where you got? -- where do you cut? you have to cut everywhere, especially in science, especially defense, but you also have tax increases -- especially entitlements, especially defense, but you also have to have tax increases. >> that is not true. obama, as i understand it, has presented a range of options brought the little group decide
, it actually has these built in very significant disincentives towards making big deals, towards working together. and we are now seeing the fruits of that evolution in the house in particular. let's talk about the house in particular. john boehner has been a very interesting figure in all of this. at one point he was walking in the back door of the white house and trying to cut a deal with the president. obviously, shamed out of that. so now he came up with his own deal and spent a lot of time last night bringing people in through his front door, recalcitrant republicans, to get them on board. is he wounded by what happened this week? is he strengthened? >> i think what happened this week is that we have seen how little leverage and how weak john boehner really is. you know, he has a leadership style that he has said, you know, after the top-down leadership style we saw with nancy pelosi, that he wanted to be a consensus leader, that things would come from the bottom up and he won his majority in the house because a lot of these freshmen ran specifically against the establishment and ag
solution, the big solution which includes tax reform and dealing with entitlements. maybe i am a whistling past the graveyard, but for the first time, i feel a tiny bit of help they can get this done. >> did we hear a suggestion from john boehner this week that a bank might consider an increase in tax revenues? -- that date might consider an increase in tax revenues? >> if you sync social security, not a crazy idea, that is a tax increase -- >>>> it is not a tax increase, it is a reduction in benefits. >> obama has, so far, thrown in the palace. says he wants of the polls close, but that wjla.com -- he says he wants loopholes closed, but that kind of increase does not get you very far. where do you cut? you have to cut everywhere, especially entitlements, especially defense. but you also have to out tax increases. >> has obama at thrown in the towel? >> that is not true. obama, as i understand it, as presented a range of options. the outside one was $4 trillion. the little group decided to drop through the weekend about getting to the big one $4 trillion which would include tax reform, may
be a big deal if the u.s. government couldn't pay its debts but i don't think that's where we're going to end up. we're not greece. greece is a small economy, greece is way, way deeper in hot than we are. people have lots of options where to put money and greece is low on their list because they think there's going to be a default. where the greece metaphor comes in is that greece and portugal and spain and ireland have raised questions about whether governments keep their promises. and to the extent that the congress and the president can agree on a long run fiscal plan, it raises the question of, are we ever going to get our act together so that we don't become greece? >> and is the market yet or do you suspect it will either price this in or panic? >> it's been amazing how calm the markets have been and i think there are two reasons for that. one is, they kind of assume that eventually washington will do what it has to do. and secondly, greece and europe have been such a preoccupation that nobody wants to have money there, so they've moved money to the u.s. as europe has done its ev
on the debt. so let's hear him say in public once. >> why is it that when he offered the big deal, the $4 trillion deal -- >> the grand bargain. >> the grand bargain, republicans backed away from it. >> when did he offer that? >> he offered it last week. >> where? >> he did it publicly. bamut give me a number. >> in a matter of two days, republicans backed away from that and said they did not want it. >> you accept everything he says, the $4 trillion deal. if you do not have a single item in it that you can enunciate. >> i am not at the table. perhaps you are, but i am not. >> how can you expect america to accept something in which he explains nothing? >> can we hear from mark? >> can this marriage be saved. >> i hope not. >> john boehner believed there was a $4 trillion deal. john boehner is not a naive newcomer to washington. he has been around. but john boehner also knows some history. the last time we had a major budget deal that by every definition work was bill clinton in 1993. without a single republican voting party in the house and senate. it included twice as much in tax increas
. senior citizens will take some hits. there will be -- education will take big hits with the pell grants. to achieve the so-called cuts they are talking about would mean that a lot of people could be severely hurt. >> but we cannot sustain this level of debt forever. >> we cannot, but here is what is wrong -- we have to get control of the deficit, but we do not want to do anything on the revenue side. all of the pain is coming from the cuts. you are still leaving those tax cuts to the wealthy untouched, still living subsidies in for the oil companies untouched. everything to the poor folks and middle-class folks, they bear the brunt of it. >> met monday this week -- "my view is we should have a president who agrees to cut, cap, and balance the budget" -- mitt romney. >> he does not want to get too far out on a limb in the spirit in the grand bargain, there were revenue increases, closing loopholes that nobody wants to defend, except for grover norquist, who is having an incredible amount of power in this debate. there's a counter intuitive thing here. you have to spend some to get out of
for future retirees... slash education... while giving huge tax breaks to big oil and the wealthy. we can't rebuild america if they tear down the middle class. priorities usa action is responsible for the content of this advertising. so, at ourbout the same, even though i'm a great driver and he's... not so much. wellfor a driver like you, i would recommend our new snapshot discount. this little baby keeps track of your great driving habits so you can save moy. [sighs] amazing. it's like an extra bonus savings. [ cackling ] he's my ride home. how much can the snapshot discount save you? call or ick today. >> before we ask our seniors to pay more for health care, before we cut childrens' education before we sacrifice our commitment to researchnd innovation that will help create more jobs, i think it is only fair to ask an oil company or corporate jet owner that has done so well to give up that tax break that no other business enjoys. >> there's charles'corporate jet . what iss the president up to? >> he is playing class warfare. there are real loopholes th need to
it in public once. >> why is it that when he offers a big dl, the $4 trillion deal -- >> the grand bargain. >> the grand bargain republicans backed away from it. he offered that last week. delaware? >> he did it publicly. >> give me a number. >> in a matter of two days, republicans backed away from that and said they do not want it. >> you accept everything he says a $4 trillion deal, you do not have a single item in it that you can enunciate. >> i am not at the table. perhaps you are. >> how does he expect america to accept something he has not explained? >> he said he was going to get from his own people -- >> [unintelligible] >> john boehner believe that there was a $4 trillion deal, and he is not a naive, newcomer to washington. he has been around. but he also knows some history. the last time we had a major budget deal that by every definition work was bill clilinton in 1993. without a single republican voting for it in the house and senate. it included twice as much in tax increases and revenues as it did in spending cuts, and what happened after that? 22 million new jobs were creat
' point is white. these are tiny, tiny little drops in a big ocean. there is not enough in corporate jets or even the hedge fund guys, although i would like to. they have to raise revenues, i hate to say it, on the middle class. this is the point that gets lost on this. everybody is in this boat. there is no way out of it unless every single american does something. >> raise revenues on the shrinking middle class, mark. >> everybody is in it, and evan is right -- evan addressed the possibility of default. when that happens, the federal government of the united states, which bars or 40 cents of every dollar we spend every single day, is faced with the option -- do you pay a sergeant in combat in kandahar, a grandmother with a 1-bedroom apartment in social security check, or to meet the obligations of bankers who are holding their debt in beijing and beverly hills? the answer is simple. the prior claim is on the second group. the reality is we are talking about -- the president is proposing increasing taxes, revenues, by 1% over the next 10 years. $400 billion. we are going to collect $39 t
-- >> what are you suggesting? >> exactly what you think. >> paul tsongas had cancer. there was a big difference between cancer and migraines. if we are going to hold up a standard that if you have a headache that knocks you out for an hour or two, you cannot be president, fdr and kennedy, who had addison's disease, and eisenhower, who had a bad heart, would never have been president of the united states. i am not sure that is the position any of us would want to take. i think her answer was good, i think based on the evidence -- is their behavioral evidence of this woman not being able -- >> just be a cautionary. >> well, cautionary is fine -- >> i don't know the capitol hill physicians but i don't think it is fair to imply that somehow this is a less qualified individual. >> i'm not saying that. >> what about rick perry? >> rick . looks more and more like he is going to come into the race. -- rick perry looks more and more like he is going to come into the race. mike huckabee, a conservative finalist in 2008 against john mccain, has taken a shot at him, saying he will be the champio
tsongas had cancer. i think there is a big difference between cancer and migraines. if we are going to hold up the standard of if you have a headache that knocks you out for an hour or two or whatever it that you cannot be president, i think fdr, kennedy who had addison's disease, and eisenhower, who had a really bad heart, would never be president of the united states, and i am not sure that as a position any of us would want to take. i think her answer was good. based on the evidence -- is their behavioral evidence of this woman not being able to handle yourself? >> just being cautionary -- >> well, cautionary is fine. >> i don't know the capitol hill physician, but i don't think is fair to imply that this is a less qualified individual. >> i am not saying that. >> what about rick perry? >> looks more and more like he is going to come into the race. he is showing in the polls as well. mike huckabee, the conservative a finalist in 2008 against john mccain, has already taken a shot at him, pointing out that if he is going to be the champion of all traditional values and high morals,
Search Results 0 to 29 of about 30 (some duplicates have been removed)